{ "ticker": { "uuid": "c45180e1-72c9-4a3f-9c80-ed5742b9bc85", "symbol": "301060", "name": "Shanghai Labway Clinical Laboratory Co., Ltd", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -33.884, "architecture_energy": 22.18, "architecture_maturity": 56.73, "architecture_confidence": 80.829, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 35.32, "rotation_up": 27.95, "upward_expansion": 16.95, "deceleration": 43.53, "rotation_down": 28.28, "downward_expansion": 59.95 }, "activity_lines": [ 8.883333, 8.752, 9.048259, 9.372434 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 9.46, "trend_reference": 9.884792, "distance_from_trend": -0.042974, "trend_direction": "Weakening", "fair_value": 10.370701, "distance_from_fair_value": -0.087815, "fair_value_direction": "Weakening", "relative_strength": -7.353019, "relative_strength_direction": "Improving", "price_momentum": -0.157614, "excess_performance": -0.165013, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.042974, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.038238, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.087815, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.054259, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.07353, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062879, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.157614, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.768318, "read": "Supply-led" } ], "volume": { "latest": 34653806, "relative_activity": 1.106231, "balance": 0.768318, "dry_up": 1.516871, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.08687, "annualized_volatility": 0.364439, "from_high_reference": -0.349828, "from_low_reference": 0.175155 }, "levels": { "trend_reference": 9.884792, "fair_value_reference": 10.370701, "structural_low": 8.05, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": -0.014605, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.013743, "regime_survival": 0.9, "best_return": 0.151886, "worst_return": -0.302888, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.060084, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.002112, "regime_survival": 0.666667, "best_return": 0.240012, "worst_return": -0.329627, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.047242, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.160696, "regime_survival": 0.5, "best_return": 0.088033, "worst_return": -0.344016, "sufficient": false }, { "horizon": "Full cycle", 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[ 8.574, 8.999499, 9.415729, 9.749636 ] }, { "date": "2026-07-10", "close": 8.64, "volume": 33620482, "typical_volume": 26995762.45, "trend": 9.976458, "fair_value": 10.575706, "relative_strength": -22.212716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.034601, "energy": 61.057672, "activity_lines": [ 8.594667, 8.861003, 9.306568, 9.659778 ] }, { "date": "2026-07-17", "close": 8.86, "volume": 74025428, "typical_volume": 29639713.95, "trend": 9.957458, "fair_value": 10.523975, "relative_strength": -11.754534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.491925, "energy": 43.333158, "activity_lines": [ 8.69, 8.789409, 9.230503, 9.587749 ] }, { "date": "2026-07-24", "close": 8.17, "volume": 48937155, "typical_volume": 30345036.7, "trend": 9.902125, "fair_value": 10.466376, "relative_strength": -18.283054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.041258, "energy": 42.935081, "activity_lines": [ 8.538667, 8.625595, 9.099437, 9.472429 ] }, { "date": "2026-07-31", "close": 8.77, "volume": 32453656, "typical_volume": 30702211.45, "trend": 9.877792, "fair_value": 10.414758, "relative_strength": -10.260004, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.914415, "energy": 34.237203, "activity_lines": [ 8.62, 8.611841, 9.037039, 9.399388 ] }, { "date": "2026-08-07", "close": 9.46, "volume": 34653806, "typical_volume": 31326014.85, "trend": 9.884792, "fair_value": 10.370701, "relative_strength": -7.353019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.883538, "energy": 22.179776, "activity_lines": [ 8.883333, 8.752, 9.048259, 9.372434 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }